Answer:
C. There are more substitutes for Cheerios than for cereals as a whole
Explanation:
Since in the question it is given that the demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole as because there are more substitutes for Cheerios as compare to cereals because in the case of substitute goods, there is a positive relationship between the price of good B and the demand of good A. It means if the price of good B decline. then the demand of good A is decreases and vice versa
Tips, bonuses, and capital gains are all sources of income. Earned income typically includes salaries and bonuses, wages, commissions and tips.e Employment, investment and welfare are all examples of sources of income. Capital gain which us the profit that results from a sale of a capital asset is also an income.
Answer:
The correct answer is letter "C": Communicating.
Explanation:
A company's Vice President is the second or sometimes third executive in charge of the firm. Its immediate role is to cover the company's President or the Chief Executive Officer (<em>CEO</em>) duties in front of their absence. Besides, the Vice Presidents are in charge of communicating managers of all the departments the decisions for the operations of the firm and evaluating the performance of those high-rank workers.
Answer:
Budgeted sales for July = $1,755,000.
Explanation:
<em>Sales budget simply shows the expected sales revenue for a forthcoming accounting period. It is simply prepared by showing the quantity expected to be sold multiplied by the unit selling price. </em>
For example, the sales budget for July, for Morganton Company would be
= Units selling price × expected units to be sold
Budgeted sales for July = $65 × 27,000 = $1,755,000.0
In my opinion it would be true